2012-12-01
2012-12-31
x sandy

STATION
CNNW 32
CNBC 30
CSPAN 21
MSNBCW 21
CSPAN2 14
SFGTV 12
KGO (ABC) 6
KQED (PBS) 6
KRON (MyNetworkTV) 6
KPIX (CBS) 4
KRCB (PBS) 4
KTVU (FOX) 4
WHUT (Howard University Television) 3
FBC 2
( more )
LANGUAGE
English 193

Set Clip Length:


phone, smartphone. >>> developing news from japan this morning. tsunami warnings lifted now for the country after magnitude 7.3 quake hit overnight the epicenter was off the north eastern coast of japan near the miyagi prefecture. shaking could be felt across most of the country. video of the shaking in tokyo as it happened this is the news agency where lights swayed in the office building, terrified workers held on to desks. in japan they are used to it so they know the drill, still frightening. stay with abc7 morning news at 6:30 much more, new video showing the quake as it hit, plus update on damage, evacuations and injuries. >>> same-sex couples could finally get an answer about whether they can get married in california where the highest court meets this morning. supreme court justices are expected to discuss challenges to prop 8, the california ban on gay marriage and whether they will consider the case in the coming months. lower court ruling struck down the voter approved measure if the justices decide not to take the case the ruling would stand and gay and lesbian couples could get marri

that you have family in japan. have you been able to talk to them at all and are they okay. >> that's right. i have my parents and aunt and uncle are stationed in japan at military bases. i was able to talk to my mother. they didn't feel the quake. they're too far south but i have an aunt and uncle in tokyo. thanks to social media i was able to see that they were okay and again, like i said it's a dramatic difference from last year when i was working a newscast and wasn't able to get ahold of my family. i'm happy this time around that everyone is okay. >> okay, cate thankings. >>> it is 6:02, a cold ask foggy start to the morning. let's look at weather and traffic. >> lawrence karnow with our weekend forecast. >>> and the weekend is looking good. it is chilly out there. fog developing, dense fog in some of the valleys down to a quarter mile. and down to a mile in s&l rose and livermore. -- santa rosa and livermore. last weekend very very stormy. this weekend just the sit. clear over the bays but those temperatures are chilly in spots. grab your jacket if you're headed out the door. 37 degre

.3 earthquake strikes japan's northeast coast. tsunami warnings have been issued. job growth in the u.s. are expected to have slowed significantly in november as hurricane sandy battered the economy. and euro hits a session low, 0.4% as problems in europe's periphery continue to weigh. a powerful 7.3 magnitude earthquake has struck across japan's northeastern coast. the quake rocked buildings as far as tokyo according to reports. u.s. geological survey said there was no threat in the wider pacific ocean. the yen has been rising to a session high before we got details of that. and right now, you can see dollar-yen at 82.39. 82.17 before that happened. some safe haven in-flows into japanese currency. if there was going to be a wave in terms of tsunami that was going to hit, it would have happened around five, six minutes ago and she had yet to see any specific drop or change in the sea level. so we'll hope that that continues on that particular way. atomic power says no irregularities seen at its nuclear plant. operations are normal after the quake. so we'll keep our eyes on that. and w

live to japan straight ahead. >>> plus talk about your deadlines. today we are seven days from congress going on holiday and 25 days from plunging off the edge of the fiscal cliff. >>> the "new york post" photographer who took the picture of the man in the subway tracks before he was hit sits down to tell his side of the story. we'll hear from him this hour on cnn. good morning, welcome to "early start." i'm christine romans. >> and i'm zoraida sambolin. it is 5:00 a.m. in the east. breaking new's massive earthquake in japan. it happened off the coast of japan, about 300 miles northeast of tokyo you can see on the tower cam that we are going to buildings swayed for several minutes there. let's go to alex zolbert live in tokyo what can you tell us? >> this happened friday evening b an hour and a half ago. an unnerving scene. a 7.3 magnitude earthquake. as we understand it, this came along the same fault line that triggered that massive tsunami in march of 2011. we have been watching all the local stations, trying to gather all the information we can. here's what we know at this point in

for you coming up. >>> a tsunami hits the coast of japan after a strong earthquake. how that warning stands right now. >>> we're live in san jose where a fire broke out at two popular restaurants. we'll tell you how bad the damage is. >>> plus 71 years since the attack on pearl harbor. the historic structure coming back to life today in honor of that deadly attack. all ahead on the ktvu morning news. >>> good morning, to you am brand new day a pam cook day it's a friday it is december 7th i'm dave clark. >> and i'm pam cook. thank you for joining us on this friday morning. we get to sleep in tomorrow. that is nice. and look who is here rosemary orozco is in for steve. i hear we are going to get maybe some sun this weekend? >> yes we are looking really good. maybe for golf and holiday shopping. i would say make your plans. we want to be outdoors this weekend. it will be dry. our temperatures will be above average for december. and today the last business day of the week i should say not bad at all. we have mild conditions for your afternoon. this morning a little bit of patchy fog an

developed country. in 2011, 9100 gun related murders and compare that to japan who had just 11. first off hand gun ownership in japan illegal. and the only time of gun you can own is a shotgun, the process to buy one, more than complicated, you have to pass tests and a shooting range class and a mental and drug test, then you have to pass a back ground check and not only do you have to lock and store your gun, you have to tell the police exactly where in your home that gun will be stored at all times and they are going to check. i am grant lodes, kron 4 news. >>> bay area schools have seen their share of violence. the school district has been beefing ufsecurity over the -- up security over the last few years. that is considered a model for how to protect students. >> one of the things that the school does is it is gated all the way around. access is limited. >> the school has 5 communities safety officers a local police officer and students and staffers have to wear photo i.d. six months ago 600 security cameras were installed. a third of the schools have already been updated. the day aft

japan in the east china sea, cybersecurity and international diplomacy. this is an hour, ten minutes. >> welcome back, everybody. this session for miscalculation, china and the rise of confusion or confucianism. i'd like to hand over to steve clemens who's moderating this session. .. >> thank you all for joining us. when i was thinking about the title today and thinking about our panel, it occurred to me, and i went online to find a chinese event that is being held right now looking at u.s. grand strategy, canada, japan and india. there are no canadian, japanese americans or canadians on china's panel. don't have any chinese with us today but we should have a lot of fun discussing that our national strategies but involving in the asian pacific region and with china but i want to acknowledge that that voice wasn't with us today. that might give us more room to run. because we don't have a chinese voice on face, some years ago going to china and than the equivalent of the policy planning director and i said finally i can ask china but its grand strategy is. this is about 2004. and i sa

, including japan. >> yes. >> rose: and how influential was that? >> it was life changing. life changing. >> rose: life changing. >> yeah. i had a small stint teaching english in japan and i promised myself i'd go back to japan to do it right and to absorb the food culture and to stay there almost a year. it changed the way i viewed food. food didn't have to be good just for the fine dining level and that was one of the misconceptions that i had about food that you could only eat well in fine dining restaurants in new york, for instance. and in japan from cheap restaurants to very fancy chai secchi restaurants everything was cooked with so much passion, a very ingredient driven and it was good. everyone cared about food. it was a cherished thing. >> rose: they love food in japan and they practice the art of cooking to a high level. >> rose: it's amazing. people that travel japan need to stay there longer than a week. they need go there for at least three weeks and soak up tokyo and other cities, osaka and tokyo. there's a lot to learn, particularly about food. >> rose: one of the things

in tokyo, as well, to assess what options the bank of japan really has. policy will not be dictated by market opinion. we'll take stock of britain's progress towards deficit reduction, this ahead of the chancellor's autumn statement. senior fellow for international economics. will the numbers live up to the expectations. meanwhile, over in ghi narks the mainland's factories are crank out more goods at the fastest pace in month. >> chinese factories appear to be recovering. the hsbc pmi, a private gauge of manufacturing, and the government's official pmi, both show a steady improvement for the industry in november. the hsbc pmi final reading came in at 50.5, the quickest expansion in over a year. the industry saw a pick up in new orders as well as stronger exports thanks in part to christmas demand. the concern is about the the unevenness of the recovery. the sub indices for employment as well as small and medium sized companies ticked downwards and that suggested to some that the recovery is mainly led by investment in state-owned enterprises. a bigger worry is about the outlook for

a look outside from our mount tam cam. >> will begin this morning with news out of japan were strong earthquake jolted the northeastern part of the country. a 7.3 magnitude earthquake struck in the pacific ocean around 5:18 p.m. local time. that is around midnight here in san francisco. the u. s g s says the are quick stroke about 200 mi. off the coast of japan. the epicenter was about 6 mi. beneath the seabed. buildings in tokyo's way for several minutes. there were reports of at least two people injured. >> pish japan's real logical at sea has with it is not rewarded for the country's northeastern coast. according to the sun on the information center. a destructive pacific wise and non is not expected. the quick off the coast of north is in japan is the same region but was hit by the masses are quick as a nominee in march to about 11. >> for the after known mostly sunny conditions slightly warmer highs in yesterday's. partly cloudy and cool into the evening hours. taking a look at current visibility down about 1/2 mile in santa rosa. over the course of a mile in napa. >> taking a l

.3 magnitude earthquake in japan. the quake striking off the northeastern coast but felt as far away as tokyo. japanese authorities say no problems are detoebgted at the nuclear power plants closes to the epicenter. it triggered a three foot tsunami in the same area devastated in last year's disaster. no deaths reported. more on this story out of japan coming up in a live report. jenna: right now brand-new stories and breaking news. jon: house speaker john boehner coming out on top. what was the intra party skirmish all about? we have the answers. a big seat to fill, they call him the king maker. conservative senator jim demint calling it quits who. will step in and what the change will mean for the next congress. if you're looking for an out of this world vacation, yes, you can have it literally, a trip to the moon for two, we are guessing it is all-inclusive, the whole story and the stunning price tag, all "happening now." good morning to you on this friday, the jobs numbers are in for november. i'm jon scott help the. >> reporter: i'm heather wheuld dreshelp the heather childress in nor je

and protest the fact they wanted to have a nuclear power plant sitting next to an earthquake fault. in japan i think the conversation around nuclear power is shifting again and there are challenges to it and this is not new. this conversation has been around forever and that is pg&e and nuclear power and all of that and here we are in 2012 still having the conversation, so i mean i wouldn't under estimate again the type of opposition, however subtle or not, that this program is going to have to conwith. that's why it's critical how we accurately inform people in the city around the value of this program. >> thank you commissioner olague. president carter also wore a button down sweater when he made that statement. >> did he? >> it's important to note that ronald regan removed those solar panels from the white house. i am unclear on the agenda and on ours it doesn't mention any possible action item, but on the document for the public utilities commission it does and i think we want to make sure we're either today or the next puc meeting but i hope that's the plan, the framework of the pla

to be with you. i'm terrell brown. a strong earthquake hit northeastern japan this morning, the magnitude 7.3 quake struck in the early evening in the same area that suffered a powerful quake and tsunami last year. a tsunami warning has been issued. residents have been told to move to higher ground. the fukushima nuclear plant has not been damaged. the quake was felt as far south as tokyo. lucy craft is in tokyo. what can you tell us? >> reporter: no reports of damage or injury. it's still way too early. we have a tsunami warning. the tide is about three feet or two meters or one meter, i should say. very interesting, this time the warnings came very fast and furious. the announcer was yelling at people to get to higher ground. big difference this year. >> we were watching in our newsroom as the alerts came in. what did you feel, what did you experience there? was it anything noticeable? >> i was talking to someone on the phone and she said she should get off the phone, this is a big one. my windows were rattling. my pictures, i thought i was going to have to grab them before they fell off.

are for defensive purposes only. >>> and this man may soon return to power as japan's next prime minister. the head of japan's liberal democratic party. voters head to the polls this weekend to pick the new parliament. and japan's next government will face a struggling economy and heightened tensions with china and north korea. >>> in london, a mass has just been held at westminster cathedral for the nurse who apparently killed herself after she transferred that prank call from an australian radio station regarding the duchess of cambridge. her family attended the mass. her children say there is now an unfillable void in their lives. she was found hanged last week and her death sparked an international outcry. let's go back now to cnn's ali velshi in newtown, connecticut. >> thanks, victor. as a fact, the tragedy emerged yesterday, 20 parents had some of the hardest news to hear, 20 children killed in a violent shooting spree. we're going to have a look at how it all unfolded, starting with the first call to police and, of course, in about 30 minutes, we are expecting the names of the victims to be

. and overnight in japan, the nikkei, the yen falling to a 20-month low. you have the nikkei up 1.5%. the nikkei -- yen versus the dollar as shinzo abe returns to office as japan's new prime minister, promising monetary and fiscal reforms. we have the shanghai composite there up about a quarter percent. >>> all right. in today's top stories, the u.s. is five days away from going over the fiscal cliff. president obama is cutting his holiday vacation short, returning to washington tomorrow to continue talks to try to avoid that automatic tax hike and spending cut combination. that's the same day that congress returns to town. before the president left town on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. reports say white house staffers have been quietly working with senate democrats to come up with a plan to avoid the fiscal cliff, but little progress has been made. >>> a chinese ratings agency is putting the u.s. on negative watch citing troubles with long-term debt issues. on a statement on its web site,

a bit. >> way back at the beginning of notlast century -, japan only occupy it, but every other great power had pieces of it. >> is a struggle between a feeling of being a victim, and agents superiority. >> it is an absolute contradiction. two sides of the same mind. in the end, a new sense of chinese confidence and a sense of respect from the world will help cure this historical the element. -- dilemma. this is the reason that your job is so hard, because sometimes people -- things we think are straightforward -- >> do you have a an example of that, something that was understood there as something you had to deal with and jump on? >> just for example, the dispute with japan on these islands, the chinese believe that the united states supports japan and puts japan up to the purchase of the islands simply because we have a treaty with japan. they believe that we therefore side with japan on the islands issue because we have a treaty that says we will come to the defense of japan. but we have defense treaties with many other countries. it does not mean that we agree with the actions of

on with the japanese elections? the new prime minister told the bank of japan we want more stimulus. guess who's meeting thursday? the bank of japan. japan's exports fall for the sixth straight month. you are going to see the bank of japan on thursday announce new stimulus measures. you're going to see efforts to weaken the yen. it's going to get even weaker. that is the old yen carry trade. that may be where some of this money is coming from to do the odd little trades that seem to be going on. out of bonds, into stocks, selling gold as well. i think that's a real factor here. what caught my eye this morning, there was a survey out saying the hedge funds is the most exposed to the market since 2010. a lot of people mentioned that and said, that is a contrary indicator, high levels of activity in the stock market for hedge funds, often a negative indicator overall. let me mention night capital. they are selling themselves to geico. i took two-to-one ratio. this is a good deal all around. you're going to marry the biggest, fastest traders out there, getco. you're going to marry that with knight

. 30,000 american troops are stationed there. japan is preparing for the launch as well, they are deploying service air missiles to shoot down anything that may enter its airspace. joining me now is gordon chang. you say that if this is all true, north korea has a very specific audience. who and why? >> the specific audience would be iran.e. who and why? >> the specific audience would be iran. north korea and iran have been conducting a joint missile development program for at least 15 years. in the beginning of september, they signed a technical cooperation agreement, just yesterday, the kyoto news agency reported that a facility close to the chinese border, they are there for nuclear weapons and missile purposes. we need to keep an eye on north korea's relationship with iran. jenna: not only because it is a weapon, but because it can carry a nuclear warhead -- do i have that right? can you explain it to her audience? reporter: sure. north korea has these weapons. but her rants iran is on the verge of getting them as well. they have had warhead testing, which looks like

to japan, voters are heading to the poll on sunday. the major indicators suggest a win for the opposition party. the local media says there is still a large pool of undecided japanese voters. kari enjoji has more on this report from tokyo. >> reporter: 12 parties, some less than a month ole are fielding 1,504 candidates. but instead of being slow for choice, voters say i just don't know. polls suggest the prime minister's democratic party is unraveling, hinting that many first-time politicians that swept the party to a victory three years ago could be wiped out. >> it's quite possible that the cpj will sink from neing first or second but possibly to even third parties in japanese politics. >> the dpj's handling of the fukushima disaster and undelivered economic promises have alien ated many voters. if the liberal democratic party wins, shinzo abi could with the newest restoration governor. the emergence of these smaller parties could mean a messy transition period. >> my gut feeling is that possibly no single party will win the single majority in the next election. this is democracy. even

-month high on the notion that the urbanization plan will gain spurs in the housing stocks there. japan, abe confirmed as prime minister there. the seventh prime minister in the past six years. we did see the yen hit a 20-month low against the u.s. dollar. notable lows against the euro as well. the topics in the nikkai the lowest in nine months. >> going back to his old job, that he had back in 2007. strange in and of itself. i wonder how long it will take for people to start talking about netflix after the outage going into christmas eve on social media. they were calling it no flix. and to blame amazon web services, which is one of their huge growth engines. a unit of the company they say is probably a tenth of its eventual size. >> one of the highest growth parts of amazon right now, the web services portion. their amazon is down 1.25%. i don't know if that's the reason. but it was the streaming center in northern virginia that was the source of the netflix outage. it's resolved, though, as far as we know. we don't know what sort of impacting -- >> i waste a vin't a victim, bu sure a lot

in japan. the country was rocked by a powerful 7.3 magnitude earthquake. it hit off the coast of tokyo. the buildings there shaking. you could see some of the video showing the degree to which they were shaking. alex, what's the latest? >> reporter: it has been a very, very tense few hours here in japan after you mentioned a 7.3 magnitude earthquake striking late here in the day on friday. but just in the past 90 minutes or so, the all clear has been given. the tsunami warning has been lifted. that's great news for the people here. there's no signs of any significant damage. no reports of any deaths. just a few injuries at this point. we also have to keep in mind the nuclear power plants. we have heard from the operator of those. they say everything is fine. but as you mentioned, this brings back very painful memories up for the people in the region in northern japan. we were on the phone with one person who said when this earthquake hit, their first reaction was ohno, not again. but it's late here on friday in tokyo where we are. everything appears to be fine. just one wave came ashor

there about 1020 our time. no major decisions reported. about 6,000 miles north a 7.3 quake hit japan today. one measured 6.2 this, video taken after 5:00 p.m. in japan, tall buildings in tokyo swayed for several minutes but there was little damage. a warning was issued, cancelled a short time later. >> a tragic ending to what started out as a joke by two australian radio djs. a nurse trick bid djs into sharing information about the duchess of cambridge's pregnancy has dies. the hospital says the 46-year-old was the victim of a prank phone call.xw1 saladan transferred djs to kate's nurse. this morning her body was found near the hospital. it's believed to be a suicide. >> jacinta worked at the hospital for more than four years. she was an excellent nurse. and well respected and popular with all of the her colleagues. >> the prank call took place early tuesday morning and the radio personalities apologized for impersonating queen elizabeth and prince charles. now, their employee says they've been pulled off the air. >> coming up next, a little ship that could. >> a tug boat being taken out

of uninhabited lands between japan and china. japan sent eight fighter jets after a chinese plane was seen near the islands. it was gone by the time they got there. china continues to claim the islands. the islands have been in japanese control for years. japan bought the privately owned islands in september. >>> some are calling it a break-through, north korea making its first successful long range rocket launch but less than 24 hours after liftoff a u.s. official tells cnn the country may not be in full control of the satellite. joining me is cnn contributor and retired u.s. army general spider marks. good morning. >> good morning. >> what does this mean? is this a setback for north korea? >> it's not a setback at all for north korea. north korea successfully launched something into an extra atmospheric orbit, albeit it's not control. they were able to build a three-stage missile and get an object into space. >> here is how leon pa net ta spoke about it. he spoke to erin burnett in afghanistan. >> this is a clear provocation. we've warned them not to do it. we've been very concerned about the

the tsunami in japan. general motors may not move to second place maybe into third place because vogues wagon sales are on fire. it will take the top spot by the year 2018 inch all they are headed for a record sales year. sale also top 80 million through out year. >> low gas prices. >> this is the lowest of the year at this point. it is great news for the drivers expected to hit the road this weekend. combas prices $3.34 a gallon. what is more it will be less if we fall off the fiscal cliff. >> the scanners you have to go through at the airport we made a good connection. >> they will go through the advanced airport record machine. they ott noble require an independent study of the x-ray scanner but also let travelers know they have other screening options. pregnant women are more sensitive to the radiation exposure. >> lauren simonetti as always we appreciate it. >> the time is 18 after the top of the hour. coming up next on the rundown for you key obama care regulations about to go in place without the normal 60 day comment period. is the administration trying to quietly fast track some of t

is supposed to be about the same. it will go to the south korea, china and japan in anticipation of that, japan today, deploying surface-to-air missiles, radar ships and troops just in case this thing goes off course, martha. martha: we've seen these sort of rattling of sabres before. we've seen some of these attempts fail over the ocean but you never know when they will be able get this right. so the diplomatic reaction to all of this, what is the pushback, greg? >> reporter: as you can imagine the reaction has been strong and negative in. in seoul, south korea ambassadors from that country, from united states, japan, russia, china, meeting with foreign ministry officials. japanese prime minister says we strongly call on north korea to refrain, a little bit of backtracking from china today. in their official media they are saying that perhaps the concerns are exaggerated. all this seems to be a chance once again for the new young leader of north korea, kim jong-un to burnish his image. two weeks from today on december 17th, it is the first anniversary of the death of his father kim jong

it will be a concern. we have thousands of troops stationed in japan and korea. there is talk of being able to reach los angeles or the western coast. no north korean test so far has reached that near abroad. bill: what would korea want to prove with this launch? >> always dangerous to try to climb into the mind of a north korean leader. but there would have to be a domestic component to the situation. there are important elections taking place in japan on the 16th and south korea on the 19th of this month. well within the range of this test that is scheduled to come in the coming days. influencing their neighbors and influencing politics and testing new ground with what would a second-term approach be with obama. bill: this is what we believe to be the ultimate range. 5,000 to 6,000 kilometers. 3,700 miles. china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> th

of all that, true. >> not such a crummy year for japan. japanese stocks rallying you can the yen continuing its slide against the dollar in all the major currencies, in fact. asian markets mixed overnight trading. the nikkei climbing to a closing level not seen since just before the march 2011 earthquake, marking a third day of gains, mostly drive bine hopes for a new stimulus policy. the yen is sitting closes to the lowest level since september 2010 against the dollar. interesting here because now a lot of people are saying the best or the hottest trade in 2013 will, in fact, be long japanese stocks and short the yen because what's different this time around, now there is an actual target, 90 is the target. we know where it is going to go. if they are able to weaken the yen to that point, it is a core roll lary stocks will go higher, exactly what happened with the united states, ben bernanke ease he can the monetary policy and the 14% gain in the stock market this year. >> seen the yen basically strangling japanese exports for so long. >> exactly. >> so you know, obviously i the

of launches, you know, about 15 years ago, they launched a rocket over japan. it was a surprise to most of us. that occurred just before i took over as the senior intel guy in korea. and we've been watching these developments very, very closely. this is a big deal. ashleigh, this is a big deal. but the arrangement along the peninsula was established close to 50 years ago, as a result of the cold war, and what we need to do, as victor has indicated, is we've got to change the dynamic here. iran is very much a part of the discussion, but not included in what we know as the six-party talks, which are russia, china, north korea, south korea, the united states, and japan. we need to try to change the dynamics here, so that there isn't this provocation, because what you have along the peninsula is quite stark. you have this incredibly robust and modern south korea and this stark, dark nation directly across the dmz. >> victor, who does have influence over pyongyang? >> well, i think for many years, we believed it was the chinese. the chinese are the primary source of food and economic assistance, e

in britain, in australia, in japan. japan has the toughest gun control in the world. they have two or three murders a year. you have 11,000 to 12,000 -- >> how many suicides do they have? >> 11,000 to 12,000 murders from guns a year in america. and you still don't care, do you? >> suicides are higher in japan than they are in america. they don't use guns. they have all kinds of ways to kill themselves. and you have a different culture in england. what has hurt this country is the drugs. the drugs have changed everything. you didn't hear about these shootings when i was growing up in the '50s and '60s. and then you didn't need a background check to buy a gun. now with all the drugs, all the stuff we're treating kids with these psychotic drugs, it's causing some real problems in our community. almost all of these kids that have murdered, if you look at them, they have been treated with drugs for their mental problems. and it's changing something. it's taking away their empathy where they can do this kind of horrible thing and not feel remorse or fear or terror of what they're doing. they just

with his wife. he played for the new york yankees last year and recently signed with a team in japan. >>> shinzo abe has been elected in japan as prime minister. he held the same position six years ago, but resigned because of health problems. he says he's okay now and promised to revive the economy, address japan's debt and create a recovery plan for last last year's earthquake, tsunami, and nuclear disaster. japan's economy sunk into recession two weeks ago. >>> 'tis now the season for gift cards and those returns. shoppers expected to flood the stores again today to return or exchange gifts that don't fit or they tonight want. an analyst tells "the wall street journal" 10% to 15% of coll holliday gifts come back as returns or exchanges. >> i don't have anything to return or exchange but i'm going to go to the store anyway, just to support the economy. because i enjoy it. >>> coming up, president obama heads back to the white house today to work on the ever looming fiscal cliff. can he cut a deal with republicans. >>> and david gregory may be in trouble of the law because of that a

china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints money, it's devalues their currency which makes anything they want to export or anything that they are importing more expensive. that is why your food is more expensive because we imported a lot of that. that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there is about six. they are in the nor

and japan and germany and basically assure the renewable energy community there is a guaranteed off taker and price paid for electricity generated from a renewable energy project. it's normally 10 or 20 years and set higher than the going rate for gas or electricity generation so it provides a sole developer to say i have this contract for this off taker whether the caa or whoever toy bathe power and. >> >> and guaranteed to buy it from me and i can go to the bank i have this stream of income if you give me a loan. >> please continue. >> thanks, so one of the areas -- also that is applicable to efficiency is addressing barriers for 10 -- tenants and may be are tenants in their spaces and critical to reduce this for efficiency and new due to incentives or they don't have access to physical resources like their roof so expanding energy to renewable energy is one opportunity that would help the renewable energy space. right now all ratepayers pay into -- for example the state fund that goes towards the solar incentive but across the state only a quarter of houses can take advantage of on the

the fine ba barclay's was fined. ubs also admitting to criminal wro wrongdoing in japan. >> how are global markets doing at this hour? >> well, actually global markets are up. they're cheering, you know, the fact that there could be a fiscal cliff deal between democrats and republicans. look, we've got european markets close to year highs, the cac and dax at 52-week highs. this is more related to the expected aggressive monetary easing by the boj, but even the u.s. markets, the s&p 500 at a two-month high. >> i'm curious, we never really know how the fiscal cliff conversation plays out overseas. is it something that moves the needle in the markets in europe and asia? >> absolutely it does. given that, you know, in terms of european risk, everything pretty much done and dusted. we don't have much more european event risk until the end of the year, this is what we're focusing on. every morning when we get to work, we are watching the overnight comments from mr. obama and mr. boehner. that's why european markets have been trading higher the last two trading days because there is optimism that

of the world's highest profile whistle blowers. michael woodford was president and ceo of japan's olympus corporation. his dream job turned in to a nightmare when he discovered the company had hidden more than $1 million in investment losses. he has a new book out called exposure. you had been at the company for a while but you were not the president and ceo. >> i'd been with the company for three decades. but became president on the first of april and was fired as president and ceo on the 14th of october. so 6 1/2 months. >> was it the previous ceo that orchestrated this? >> yes, he's admitted his guilt. >> and chairman was in cahoots? >> the former chairman and ceo became president. >> were you chairman, as well? >> no i wasn't. i was president and ceo. he remained chairman. he was known by many as the dr. evil character. and if you see his face, he looks like dr. evil and he was evil. >> it's hard to imagine. this is kind of a stunning story. just the idea that you could cover p broad losses. your problem was you looked and you saw the acquisitions that looked like ridiculous deals. ad

from japan. he says we can call him hero. he's an 8 time all star in the japanese major. 2 year deal worth 6 and half million dollars plus incentive. he fills the void left by the pennington and drew. he has swing of power hitter but hit only 11 homer last season. big swing looks like he should hit more than 11. career 300 hitter. 30-year-old infielder know about the a's success this past season and clearly working on his english. >> i also want to finally dance with. >> i think his bat what he has been known for in japan and also won award with gloves as well. i think the more we got that this thing beyond the scouting reports the more we felt like this was a great fit for us. >> what do you know about the oakland a's and what reasons did you want to sign here? >> billy bean is extremely sexy and cool. but that's only one of the reason why. >> first rule. kiss up to the boss. never hurts. >> back from spectacular road trip the warriors back home tonight looking to kee good times rolling hosting 5 and 18 new orleans hornet for a little while. david lee named western conferen

in japan taking to the slopes this holiday season. you can see them here, skiing down the slope. they also handed out candy and took some kids for their own ride down the mountain on sleds. >> 4:52. we will be back, this live look outside at the golden gate bridge. traffic it is easy and light. many people on vacation. and a reminder to catch doctor phil right after the kron four morning news at 10 a-m. >> rihanna shows us what the season of giving is all about. plus, is ben affleck considering a move from elizabeth corridan has today's hollywood minute. >> she has donated or $1 million to the hospital in barbados. in honor of her grandmother. and also, ben f. le is thinking about the political agenda. >> i do not want to speculate about my political future. >> he was testifying about the ongoing crisis in the democratic republic. the topic, scored box office gold with the $36.7 million. tom cruise's new film also, those were $15.5 million in the first weekend. and also, the " this is 40 ". grossing $12 million. >> still ahead on the kron four morning news. the niners take on the night. lo

into orbit. leaders in wash washing, japan and south korea are calling for immediate consequences. even china is criticizing north korea's move. the three-stage ballistic missile was carrying a satellite which u.s. officials say is now tumbling out of control as it orbits around the earth. its purpose remains unclear. but officials say the rocket is similar in design to one that could potentially reach the united states, richard. >> forget about the satellite. this is essentially a long-range missile test. it's a question of when and not if north korea gets the capacity, among other things, to target the west coast of the united states. now, they still haven't figured out how to miniaturize their nuclear weapons and put them on top of that missile, but that day will come. so one thing we have is north korea continuing to be a bowl in a china shop. and all this talk of sanctions and consequences are just that. it's so much talk. china is either unable or unwilling to rein them in. meantime, you have china flying aircraft over disputed islands of japan. japan in response scrambling fighter jets

the islamist dominated government consolidate its power. >>> an a powerful earthquake struck on japan's northeast coast today. 7.3 magnitude quake shook buildings in tokyo. looking at video there. it triggered a three foot tsunami wave. japan is still recovering from a massive earthquake you remember and tsunami that killed more than 15,000 people last year. >>> wow. the owner of this jewelry store in georgia says it's a miracle no one was killed when this happened. a driver accidentally rammed her minivan into the store. she told police a cannister lodged against the gas pedal. flying glass hit customers, one woman had a deep cut in the back of her head. the store had $30,000 in damage, but thank goodness no one was seriously, seriously injured or killed. look at that, wolf. wow. >> terrible. be careful. >>> president obama's top campaign strategist is here in "the situation room," getting ready, only a few minutes away. david axelrod, he did something today he hasn't done in decades. look at that, look at the mustache before, no mustache after. and guess what, he is ready to do some

, 2008, look at statistics in japan, they had 11 gun-related murders. the u.s.? 12,000. shouldn't we look at other country's gun policies? it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. (announcer) when subaru owners look in the mirror, cisco. they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. mi

they claim japan's power company told. >> and a live look outside. 280 in san jose. a lot of activity just to the north of this shot near redwood. highway patrol responding to two crashes, one near the alpine off ramp, the second on paige mill road. . >>> good morning. sweeping view over san francisco. mostly cloudy, cold, 45 degrees. a light breeze. >>> police are searching for two armed robbers who stormed an oakland restaurant. they hit the restaurant on international boulevard thursday night. they robbed four diners and a employee and took the cash register. >> two california men have been arrested in a riverside county grease theft. they are accused of stealing thousands of dollars of cooking grease from the mcdonalds. the owner helped catch them by staking out his restaurant after hearing about other grease thefts. it can be turned in to biodiesel fuel. >>> cat williams has been arrested on suspicious of felony child endangerment. guns and drugs were found in the house. he is being held in lieu of a hundred thousand dollars bail. he has been arrested several times in the past few mo

concluded. wherever he goes in the entire world. and indeed hold was the guest of the scoutmaster in japan and met groups of scouts everywhere who took him to warsaw. other aspects of his journey likewise emphasized his youth rather theatrically. when he arrived back in copenhagen triumphantly to policeman nevertheless had to hoist them into the crowd and carry him into the office. the juvenile drama drama climax has hold return during subsequent visits to england and france. in london he attended a gala luncheon with the head of the canadian pacific railway and even better he met sir robert powell, founders of voice scouts. when he was in warsaw around the world in 80 days of popular stage version of byrnes novel that had been playing for it decades, he watched the copy of the novel being printed expressly for him bound in gold and embossed with his name on the cover. holds then met jules byrnes grandson who escorted him to grandfather's grave. there, surrounded by local boy scouts he later read the message in memory of jules byrnes from his greatest admirer. adult world circles at at the

and spending cuts over the next decade. >>> the nikkei 225 index in japan is trading higher today. the win will most likely result in a loosening of japan's monetary policy. >>> despite upbeat on the economic data, markets ended lower last week. it's all about the fiscal cliff, right? could washington be making strides? yesterday, a source familiar with the talks told cnn that house speaker john boehner is willing to extend the debt limit for a year. the ceiling stands at $16.4 trillion. raising it further, requires an acted of congress, something the republicans have opposed since gaining the house in 2010. that news came a day after a source said boehner had suggested higher taxes on americans with annual incomes over $1 million. higher than what the president wants. president wants higher taxes on everybody over $250,000. >> thank you very much. >>> and coming up, much more live from newtown, connecticut, where the nation looked to president obama for comfort last night. and where detectives continue to look for answers today. [ woman ] dear cat, your hair mixes with pollen and dust. i

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in a number of european, in japan and a number of other locations we have had in japan an individual went in with a knife and started stabbing people. this was somebody with a severe mental illness. we don't know what we have here. we don't know if in fact the principal was a victim of this believed shooter. we don't zero if this is something that related to the school. something outside of the school. but there seems to be a profile when we see most of these shootings, though, chris, it's someone who's angry, who's frustrated, who's rageful and who blames others for problems that they have in life and unfortunately, believe that they have almost a right to go and take out their anger and frustration and rage against another person. years ago we thought children they needed to get under their desks and hide because we were afraid of a nuclear threat from russia. now we have to teach children in kindergarten and first grade what they have to do if a shooter come into their school. this is an anomaly, but if this happens more than -- >> we're just hearing from wnbc's jonathan dietz, hess re

for a full six-year term. voters in japan have chosen a new prime minister, shinzo abe. he led the liberal democratic party back to power on sunday, in a landslide victory. abe has pledged to ease monetary policy to pull japan out of its fourth recession since 2000. he also vowed to take a firm stance on territorial disputes with china. abe served as prime minister once before, but he quit in 2007, citing ill health. opponents of egyptian president mohammed morsi are sounding the call for nationwide protests again tomorrow against a constitution drafted by islamists. the opposition was bolstered after saturday's first round of voting on the document. only about a third of eligible voters turned out, as 57% approved the draft-- a much lower level of support than predicted. the second round of voting is saturday. those are some of the day's major stories. now, backo juy. >> woodruff: and we pick up now on some of the major questions being asked about guns, mental health and other issues in the aftermath of the shootings. we get four perspectives. dan gross is the president of the brady campa

europe and japan blew the domestics doors off. sales at v.w. were up just under 30%. while honda led the japanese pack with a sales increase of just under 40%. the car companies think super storm sandy pushed some sales the last weekend of october into november. morningstar auto analyst richard hilgert agrees sandy helped, but the storm wasn't the primary reason november was such a strong month. >> we've got a lot of pent up demand still out there-- pent up demand coming from, especially from the average age of the vehicles being over eleven years at this point in the united states. the average transaction price was up $346 from october because more 2013 models rolled into showrooms without incentives. the wild card this final month of 2012 is the fiscal cliff. analysts say if congress and the white house don't quickly resolve the budget crisis consumers could tighten their belts, throwing a speed bump into what has been an otherwise blockbuster year. diane eastabrook, "n.b.r.," chicago. >> susie: meanwhile, ford is going all out to rev up its upscale lincoln brand. the company is re

with us today. a powerful earthquake sends shock waves through japan one year after a tsunami killed thousands . another sunshine warning in affect. >> steve: that is not good. it is a victory for capitalism but not everybody is happy. that is not wisconsin. it is the state of michigan taking on the organized unions. we'll tell you what just happened to the michigan workers. it changes everything. >> brian: really. big government goes to dogs like forcing flood lights in the yard . it is it happening on friday. "fox and friends" starts just about now. ♪ ♪ "fox and friends". >> gretchen: good morning, everybody. tgif. hopefully you will have a great friday as we move in the weekend. get christmas shopping done and put up the lights and your tree. >> brian: last week of the summer concert series. is it over. >> gretchen: break out your snow mobiles. i got ear must haves for you. steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it eve

. a magnitude 7.3 quake rocking japan triggering tsunami fears and warnings in the same region mitt by the massive quake and tsunami back in march of 2011. you can see buildings shaking in the brand new video. so far no major damage or injuries reported. republicans working through legislation by democrats and scenes like this one angry protests by union activists. it shows protestors being hauled off in handcuffs after beiustin down the doors. they have union fees from none union employees. >> john mcafee is arrested one day after entering the country illegally. good morning elizabeth. >> it is a bizarre twist in the story making headlines for three weeks. john mcafee rushed to the hospital for chest pain after being denied asylum by the country. he was only hospitalized for a brief period of time. doctors believe he is suffering from high stress. mcaf fee has been on the run trying to escape questioning by police in belize. he's considered a person of interest in the murder of his brother. on tuesday police raised him for entering the country illegally. the 67-year-old software co

with breaking news out of japan. a strong 7.3-magnitude earthquake has struck off the country's northeastern coast. that's the same region hit by last year's massive earthquake and tsunami. well, this morning's quake shook buildings as far as tokyo, and there are reports of a three-foot tsunami in the miyagi prefecture. the u.s. geological survey says there's no risk of a widespread tsunami, and so far, there have been no news of injuries or damage. of course, we're going to keep an eye on any aftershocks that occur and we'll bring you the very latest. >>> well, elsewhere, all eyes are on cairo this morning as turmoil has once again overtaken egypt's capital. this time, it's in response to a politically explosive power grab by the democracy's president, mohamed morsi. right now, soldiers are setting up barricades as morsi's opponents plan a million man march in cairo's tahrir square later today. last night, army tanks surrounded the presidential palace as thousands of protesters waved flags and shouted "topple the regime." you may remember, that's the same chant heard during the revolution t

on what to cut, like right now, lower drug prices or pulling back our army from japan and europe. like every other country in the north does, like pulling back on positions from our army. i got the same response. it is the president's fault. i might have well have been a mannequin. they he want to talk about raising taxes of the rich. but it can't be dismissed as part of the compromise mosaic that will get the government out of the picture. they think they are so darn important down there. they think people either start or don't start businesses because of them. people start businesses to make money. i started five of them, i know. our politicians think they don't spend because they have lower tax rates. but they put people to work if there is demand and they think they can make a lot of money. they would rather save than spend. research is issued to death. what are they down there? i read some biased chart. honestly. if you raise taxes and lowered spending, we would be on top of the world. our stock markets would soar. and the level of wealth creation would be beyond washington's wild

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